Koddpa (often styled KODDPA) is a relatively new online broker offering forex and CFD trading across various asset classes, including currencies, indices, commodities, and cryptocurrencies. It markets itself as supporting modern trading platforms (such as ST5 and cTrader) and claims to offer algorithmic or AI-driven trading tools. However, many third-party reviews flag a lack of credible regulation, transparency, and dependable withdrawal processes, casting significant doubt on its trustworthiness.
Pepperstone is a globally regulated forex and CFD trading platform offering raw spreads from 0.0 pips, ultra-fast execution, and access to 1,200+ instruments across forex, stocks, indices, commodities, ETFs, and crypto.
More details +
Trust & Regulatory Status
7.5
Tradable Instruments
7.6
Fees
7.8
Account Types
7.5
Platform and Tools
7.6
Deposit and Withdrawal
7.8
Customer Support
7.8
Research and Education
7.2
Mobile Trading
7.5
Security
7.7
PROS:
Well-regulated across ASIC/FCA/CySEC, with segregated Tier-1 client funds and EY audits for strong trust.
Low trading costs: Razor raw spreads from 0.0 pips with ~$7 round-turn per lot, and no deposit/withdrawal fees on most methods.
Fast, reliable execution (~30ms) via no-dealing-desk infrastructure and deep liquidity from 20+ tier-one banks/ECNs.
Flexible platforms (MT4/MT5, cTrader, TradingView) with full algo support and mobile access.
Broad market coverage with 1,200+ instruments across forex, indices, shares, ETFs, commodities, and crypto.
Quick, fully digital onboarding, 10+ base currencies, instant card/e-wallet funding, and no enforced minimum deposit.
Strong 24/5 multilingual support, award-winning service, and VIP managers for high-tier clients.
CONS:
CFD-only offering (no direct ownership of stocks/funds/bonds/options), geared to short-term trading.
Not available to residents of the US, Canada, Japan, and certain other jurisdictions.
MetaTrader UI feels dated; traders seeking a modern UX may prefer cTrader or TradingView.
Overnight swap fees apply and an inactivity fee can kick in after 12 months of no trading.
Versus Trade is a modern CFD broker launched in 2024 and registered in Saint Lucia. It offers trading across 200+ instruments—including forex, cryptocurrencies, stocks, commodities, indices, and innovative "Versus Pairs" (e.g., Bitcoin vs Gold)—all on MetaTrader 5. With a low $10 minimum deposit, high leverage (up to 1:2000), swap-free/Islamic accounts, and 24/7 multilingual support, it appeals to active and cost-conscious traders. However, its lack of regulatory oversight remains a notable concern.
More details +
Trust & Regulatory Status
7.3
Tradable Instruments
6.2
Fees
6.1
Account Types
7.4
Platform and Tools
5.6
Deposit and Withdrawal
7.1
Customer Support
5.2
Research and Education
5.8
Mobile Trading
6.8
Security
7.2
PROS:
Very low minimum deposit of $10 with no deposit, withdrawal, or inactivity fees
High leverage up to 1:2000 allowing aggressive strategies
Islamic swap-free mode enabled by default for eligible instruments and regions
Fast MT5 execution with ECN/STP model, minimal slippage, supports scalping, hedging, and automated trading
Innovative Versus Pairs CFDs like BTC vs Gold and Amazon vs Alibaba
24/7 multilingual customer support above industry average
Quick and simple registration with KYC often completed within ~10 minutes
CONS:
Not regulated by any Tier-1 authority
Lacks proprietary education or research resources and has no integrated news or economic calendar
No social trading, PAMM, or advanced in-house analytics
MT5-only access with no proprietary platform or webtrader
CentFX is a Forex and CFD broker launched in 2022, operating via the MetaTrader 5 platform. It is registered in Anguilla and Mauritius and also holds US MSB registration. With over 400 tradable instruments—including forex, indices, metals, and cryptocurrencies—CentFX delivers zero‑spread ECN trading, swap‑free Islamic accounts, and multi‑jurisdictional licensing. Its low minimum deposit and high leverage make it appealing to a wide range of traders.
More details +
Trust & Regulatory Status
4.8
Tradable Instruments
5
Fees
5
Account Types
4.2
Platform and Tools
5.7
Deposit and Withdrawal
5
Customer Support
5.9
Research and Education
5.3
Mobile Trading
5
Security
5.5
PROS:
Competitive spreads starting from 0.1 pips on ECN and standard accounts
Full MetaTrader 5 support across desktop, web, and mobile including EAs and advanced charting
High leverage available up to 1:1000
Multiple licences in Mauritius and Anguilla and MSB registration in the US
No broker-charged deposit or withdrawal fees
Offers negative balance protection
Multilingual 24/5 customer support via live chat, phone, and email
CONS:
Licences stem from smaller jurisdictions rather than top‑tier regulators like the FCA or ASIC
Trustpilot user rating is mixed at around 3.4/5 with some complaints about service and withdrawals
Limited transparency regarding execution speed, slippage, and fund segregation
Some users report slow or inconsistent withdrawal processing times
Uses only MT5 platform and lacks a proprietary or branded trading platform
iBroker is a Spanish CNMV-regulated broker offering mobile-first access to futures, forex, and options trading via trusted partners like CQG and AMP Global. It features interactive charts, one-tap orders, a free demo, and strong investor protection.
More details +
Trust & Regulatory Status
5
Tradable Instruments
3.6
Fees
4.1
Account Types
3.8
Platform and Tools
5.3
Deposit and Withdrawal
5
Customer Support
4.9
Research and Education
5.9
Mobile Trading
3.9
Security
3.5
PROS:
iBroker is regulated by Spain’s CNMV (Tier‑1) and participates in FOGAIN investor protection.
Traders receive negative balance protection.
Security score of 8/10 underscores strong compliance and data safeguards.
Forex trading costs are low, with tight EUR/USD spreads and no deposit or withdrawal fees.
Mobile-first design with one-tap order management and real-time alerts enhances trading convenience.
CONS:
Founded in 2016, iBroker has a shorter track record compared to legacy brokers.
The fee and tiered pricing structure can be confusing for new users.
Limited to derivatives trading (futures, forex, CFDs, options) with no direct equities or mutual funds.
Does not support third-party platforms like MetaTrader, relying solely on its own app and integrations.
Exnova is a multi-asset online trading platform offering over 250+ instruments including forex, crypto, stocks, and commodities. Known for its sleek interface, low $10 deposit, and negative balance protection, Exnova caters primarily to beginner and intermediate traders. However, it operates without regulation from major financial authorities, which may pose risks for capital-heavy or compliance-focused users.
More details +
Trust & Regulatory Status
3.1
Tradable Instruments
3.4
Fees
2.9
Account Types
3.7
Platform and Tools
4
Deposit and Withdrawal
5
Customer Support
4.1
Research and Education
2.2
Mobile Trading
2.3
Security
3.5
PROS:
Clean, intuitive interface on both desktop and mobile
Start trading with just $10
250+ instruments including forex, stocks, crypto, commodities, and ETFs
Free demo available for risk-free practice
Quick order processing with minimal slippage
Regular promotions and trading competitions
CONS:
Not overseen by any major financial authority
No MetaTrader 4 or 5 support
Some users report withdrawal delays or issues
Not available in the U.S., E.U., and certain other regions
